How can I shift a part of my money in savings bank account into debt mutual fund and for what period should I look at?
In case you are a first-time mutual fund investor, you would need to have the Know Your Customer (KYC) process completed. You can approach an asset management company (AMC) or a registrar like CAMS or Karvy or other Sebi-registered intermediaries to complete the process. AMCs have various options by which funds can be switched from your bank account to the designated mutual fund scheme including systematic investments (at various frequencies like weekly, monthly, quarterly) or one-time investment.
